Senior Underwriter

2 weeks ago

Singapore AIG Full time

**Who we are**
American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

**Get to know the business**
General Insurance is a leading provider of insurance products and services for commercial

and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through

a diversified, multichannel distribution network.

**About the role**
**What you need to know**:
To underwrite Commercial Directors and Officers Liability, Commercial and Construction Professional Indemnity, Commercial Crime aspects of the Profit Center’s business including:

- Support growth and profitability objectives as outlined by the Profit Centre.
- Contribute to planning - Assist in identifying growth opportunities, new business segments, new product opportunities to support growth objectives.
- Adhere to all underwriting procedures and compliance protocols as required.
- Assist with account targeting strategy and product development initiatives.
- Maintain strong working relationships with assigned brokers.
- Conducts relevant product/process training as required by the Underwriting Manager.
- Ad-hoc special projects or requirements that may arise from time to time.
- Assist with the maintenance/development of solid working relationships with all clients, brokers, reinsurers and other stakeholders and managing broker visitation schedule for staff in consultation with Profit Centre Manager
- Help to identify business opportunities for other profit centres to support the company’s cross marketing strategy.
- Liaise with administration staff, legal, claims, finance and accounting and any other services centre to ensure awareness of underwriting and business activities support standards required.
- Help identify opportunities and strategies in support of growth in Corporate ang Major Account segments and develop appropriate distribution solutions in country environment
- Assist with multinational development plans so that AIG gains the maximum share of available profitable income from key/potential producers
- Lead the launch of new policy wordings, endorsements and/or Broker Specific programs.
- Ensure delivery of reports and compliance tasks in timely fashion to key internal stakeholders as and when required.
- Keep Underwriting Manager aware of all major underwriting issues

**What we’re looking for**:

- Possess recognised insurance qualification and/or relevant tertiary degree from a recognised institution
- University degree
- Ideally business or related degree
- Five to seven years of experience in Financial Lines underwriting. Experience in underwriting Cyber is a plus.
- Financial Lines Underwriting, risk management or broking background essential
- Risk assessment including new business reinsurance negotiations and developing renewal retention strategies.
- Possess strong interpersonal and problem solving skills
- Confident
- Strong English written and verbal communication skills
- Excellent systems and PC skills.

**We are an Equal Opportunity Employer**

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its’ policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Functional Area:
UW - Underwriting

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AIG Asia Pacific Insurance Pte. Ltd.

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